Posted by Trianon > 2024-10-07 11:40 | Report Abuse

That's is egg (ache) -ing 🤕

Posted by hng33 > 2024-10-09 12:02 | Report Abuse

https://www.thestar.com.my/news/nation/2024/10/09/govt-considers-ending-chicken-egg-subsidy-says-mat-sabu

Posted by LubeTrader > 2024-10-09 12:28 | Report Abuse

Good news for egg producers in the long run but the brekky roti telur price will go up for sure

Posted by stncws > 2024-10-09 13:13 | Report Abuse

Later bomb shell coming...

Posted by hng33 > 2024-10-09 14:50 | Report Abuse

The impact on egg producer is alike last year chicken producer ending subsidy, stock like CAB earning decrease significantly after chicken subsidy ended

Posted by stncws > 2024-10-09 14:55 | Report Abuse

Suppoelrt rm2.20

Posted by hng33 > 2024-10-09 15:02 | Report Abuse

The major impact after ending gov subsidy will increase egg market competition, as egg producer cannot rely on subsidy as profit. Egg producer will force to launch price war to protect their market share

Posted by harvest6138 > 2024-10-09 15:03 | Report Abuse

Based on Q2 result, Teoseng still can make EPS 8sens without the subsidy (they receive 900k of subsidy in Q2 only , that is insignificant )..

Posted by hng33 > 2024-10-09 15:13 | Report Abuse

The problem is other egg producers will compete aggressively with teoseng, as without gov subsidy other egg producer need greater promotion to fight market share and their profit.

Therefore, once gov end egg subsidy, active competition among egg producer will increase instead of current more passive competition due to gov subsidy support

Posted by hng33 > 2024-10-09 18:05 | Report Abuse

The subsidy for chicken was terminated on Nov 1 last year, following which, the supply and price of chicken became more stable.

"When we took the unpopular decision of ending the chicken subsidy, many people belittled our efforts, saying that the price of chicken would soar.

Alhamdulillah, after the subsidy was terminated, the price of chicken no longer soared, and more importantly, the country benefited by saving RM100mil a month," he said – Bernama

Chicken price before subsidy cut amd ceilings price cap is RM 9.40/kg

After gov remove ceilings price and end chicken subsidy, market selling for chicken now at around RM 8/kg. Main chicken stock listed in bursa are CAB, CCK and Mflour (dinding)

Posted by cchin > 2024-10-09 18:32 | Report Abuse

Mixed reactions. Long awaited subsidy removal. Long term good prospect for Teo Seng

Posted by LubeTrader > 2024-10-10 19:01 | Report Abuse

In 2022, Malaysia exported $154M in Eggs. The main destinations of Malaysia exports on Eggs were Singapore ($138M), Hong Kong ($6.73M), Brunei ($3.24M), Maldives ($2.04M), and Timor-Leste ($1.5M).

Posted by Trianon > 2024-10-14 11:55 | Report Abuse

awesome, Teoseng is still egg-celerating regardless subsidy cancellation

Posted by katara > 2024-10-15 11:16 | Report Abuse

Given the economies of scale and its integrated business model, Chew(Lhi CFO) believes Lhi and its subsidiary Teoseng will be well shielded from any adverse effects (removal of subsidy for chicken eggs). --The Edge 14.10.2024

Posted by katara > 2024-10-21 08:38 | Report Abuse

no news of removal in budget 2025 is good news for chicken eggs

Posted by LubeTrader > 2024-10-21 11:47 | Report Abuse

Congrats to all holders unfazed by the news of the subsidy removal. Those with the gumption to buy in on the sell-off on that fateful day is laughing all the way to the bank today.

Posted by LubeTrader > 2024-10-21 11:47 | Report Abuse

Teo Seng Capital (TSCB MK, NOT RATED, FV: MYR4.26)
“Egg-ceptional” Value, Golden Yields Ahead
Trading Idea

♦️ MYR4.26 FV based on 7.5x FY25F P/E. Teo Seng Capital is well-positioned to sustain strong earnings through cost efficiencies and steady demand driven by population growth and tourism. Benefiting from favourable market conditions ie strengthening MYR and lower feed costs, its resilient performance is further supported by its planned distribution centre in Pahang, which will bolster supply chain efficiency for its top mini-market chain client. With attractive dividend yields of 10.3% (annualised) and 7.2% for 2H24F and FY25F, TSCB should be rerated from its low 4.2x FY25F P/E.

♦️ Link to report: https://research.rhbtradesmart.com/files_preview?hash=8c38140e-e63f-4b00-9ce9-098d5f963c18

Posted by Simonalibaba > 2024-10-21 15:18 | Report Abuse

https://research.rhbtradesmart.com/files_preview?hash=8c38140e-e63f-4b00-9ce9-098d5f963c18

Posted by Simonalibaba > 2024-10-21 15:19 | Report Abuse

I am also too lazy to speak about it Already. Just enjoy the reaping own self and dance own self , shock sendiri cukup

Posted by Simonalibaba > 2024-10-21 15:21 | Report Abuse

3.5 already syok until cannot speak

Posted by BornToSpeculate > 2024-10-21 17:01 | Report Abuse

@simonalibaba long time no see bro. your still here. i thought u sold off earlier

Posted by cchin > 2024-10-22 18:20 | Report Abuse

TEO SENG CAPITAL BERHAD ("TSCB" OR THE "COMPANY")

PROPOSED BONUS ISSUE OF 300,008,175 NEW ORDINARY SHARES IN TSCB ("TSCB SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING TSCB SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE")

Posted by katara > 2024-10-22 18:22 | Report Abuse

Ts last bonus issue was Jan2015 1:2

Posted by Abba84 > 2024-10-23 10:24 | Report Abuse

Eggs dropped, despite bonus! 🧐 Y?

Posted by katara > 2024-10-23 14:08 | Report Abuse

buy

Posted by cchin > 2024-10-23 16:14 | Report Abuse

heading to 3.00 before Q3 report announcement in Nov

Posted by katara > 2024-10-23 21:05 | Report Abuse

above 3 b4 bonus issue ex ..

Posted by Trianon > 2024-10-24 17:14 | Report Abuse

very very egg-cellent price movement and expect q3 report will be egg-cellent too 😀

Posted by katara > 2 months ago | Report Abuse

this QR is going to be v good

Posted by katara > 2 months ago | Report Abuse

the last QR/Q4 will be very good too

Posted by TSN001 > 2 months ago | Report Abuse

What a big disappointment!! good results, good dividend, good prospects, but......

Posted by troy88 > 2 months ago | Report Abuse

Bursa is a joke of a pump and dump market.

Posted by katara > 2 months ago | Report Abuse

just keep ..

Posted by markgold > 2 months ago | Report Abuse

What is the relationship of this Malay girl with Teo Seng ??? Is she eat Teo Seng eggs every day ???

Posted by StarOfTheBull > 2 months ago | Report Abuse

Bigger dividend is needed to boost the share price. Another benefit is to avoid that 2% dividend tax next year. See Lysaght, MSC and Kossan.

Posted by markgold > 2 months ago | Report Abuse

If Teo seng is in IT industry, the share price easily above RM5.00

Posted by Trianon > 2 months ago | Report Abuse

If Teo Seng expanded into plantation field before, it would be RM5 now. ha

Posted by markgold > 2 months ago | Report Abuse

Lack of big investors, the share price drop bit by bit.

Posted by katara > 1 month ago | Report Abuse

bonus 1:1 11.12.2024 ex

Posted by Trianon > 1 month ago | Report Abuse

One more week to buy in order to entitle the free shares 🏃

Posted by Trianon > 1 month ago | Report Abuse

Yummy, got free shares today 😋

Posted by bilisinvestor > 3 weeks ago | Report Abuse

Continuos buyback but still going down. I wonder how it would be without the buybacks

Posted by tgoldenriver > 3 weeks ago | Report Abuse

TS profit likely to hit 186 mil in FY2024, EPS of 31sen after enlarged capital. Just hope that BODs would not stick to 20% of dividend payout, mind you their dividend policy is betwee 20% to 50%. Mid point of 35% is a good number for 2025. In 2024, TS ranked 19th in EPS, 34th in DPS and 55th in DY in Consumer sector(215 counters). That show dividend paid out rate is not commesurate with profit. Lets hope 2025 will be a fruitful year!

Posted by markgold > 2 weeks ago | Report Abuse

Everybody afraid of US market will collapse but it is our market that drop a lot.

Posted by Trianon > 2 weeks ago | Report Abuse

Got some at RM1. Hope it continue to 'egg'celerate

Posted by INVEST_AA > 1 week ago | Report Abuse

**Teo Seng Capital Berhad** is a prominent agricultural company listed on Bursa Malaysia, primarily engaged in poultry farming, specifically the production and distribution of eggs.

**Market Leadership**: As one of the largest commercial egg producers in Malaysia, Teoseng holds a significant market share.

**Integrated Operations**: The company operates an integrated farming system, controlling various aspects of production, including feed mills and egg tray manufacturing

**Strong Financials**: Teoseng has demonstrated stable financial performance, with consistent revenue growth and profitability.

**Dividend Policy**: The company’s commitment to consistent dividend payouts makes it an attractive option for income-focused investors.

**Export Markets**: Teoseng's accreditation by the Singapore Food Agency allows it to export eggs to Singapore, diversifying its revenue streams.

### Conclusion:
Teoseng offers a compelling investment opportunity with its strong market position, integrated operations, and consistent financial performance. Upcoming festive season will bode well for Teoseng.

Overall, Teoseng's strategic initiatives and growth potential make it a notable player in the agricultural sector on Bursa Malaysia.

Posted by Xcalibre > 1 week ago | Report Abuse

Let’s leverage on the festive seasons! Upcoming Results r expected to be good.. Collect !

Posted by Xcalibre > 5 days ago | Report Abuse

Better enter before more funds coming in….

Posted by Trianon > 5 days ago | Report Abuse

'egg'celent. I will continue to accumulate

Posted by Xcalibre > 4 days ago | Report Abuse

Rocket starts to move… onboard onboard…